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20121101
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of negotiations about the looming fiscal cliff crisis. after meeting with president obama, democratic and republican leaders say they were confident about reaching an agreement. about's david kerley has the details from the white house. david, we all remember how badly these negotiations ended in 2011. a lot of people wondering if this time will be any different. >> reporter: we'll see, bianna. but you could hear it. there was a big difference. it was the tone. that doesn't mean we have a deal at hand to end the so-called fiscal cliff. it is big. and it affects every one of us. >> we have some urgent business to do. >> reporter: after that big white house meeting, did it feel like someone took their foot off the gas pedal as we head toward a steep cliff? >> we had a constructive meeting with the president. >> it was a constructive meeting. >> reporter: sounds like some progress. and we need some because this is what happens january 1st if the president and congress don't make a deal. first, those so-called bush tax cuts will expire. which in essence means, a tax increase for every tax
obama on friday just before the president went off to asia, and they are just hoping that this does resolve itself, but the conditions are still a little far apart. israel wants to make sure that hamas never fires another rocket into this state and also that it cannot be rearmed via the western sort of side of gaza and hamas wants to make sure there are no more targeted assassinations and it wants to be able to have the siege of gaza lifted so conditions still quite far apart. >> delicate act of diplomacy. all right, christiane, we appreciate you reporting live for us this morning. thank you. >>> now let's check in with ron with a look at the other develops stories at this hour. >> hey, good morning to you, bianna and dan. >>> president obama arrived in thailand this morning, the first stop on an historic three-day visit to asia looking to develop a bigger presence there during his second term as a count counterbalance to china. tomorrow he becomes the first sitting president to travel to myanmar also known as burma which had been under military rule until very recently. >>> and the
details this morning about how president obama is hoping to avoid the so-called fiscal cliff looming at year's end when massive spending cuts kick in and tax cuts expire. before he sits down with congressional leaders this friday the president has invited union leaders and corporate executives to the white house to get their takes on a possible compromise. republicans say higher tax rates are not an option. >>> meantime, a new concern for the financial markets, japan's economy, the world's third largest, shrank some 3.5% last quarter. a sign that japan may now already be in recession. >>> and finally, a major embarrassment for britain's iconic beefeaters. those guards that stand guard in london. the somehow, the thief managed to scale the walls here and steal the keys to the tower, including a key that unlocks the drawbridges. guards reportedly saw the burglar but couldn't leave their positions to chase him. they radioed a night watchman but got no response. we're told the queen's jewels, inside the tower, were never at risk. that is a look at the headlines this morning. for more, le
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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